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kirill [66]
3 years ago
14

The markets for movie theater tickets and videocassette rentals are highly interdependent.Suppose that a tax is imposed on movie

theater tickets. The type of analysis that examines theeffects of this tax on the markets for movie theater tickets and videocassettes simultaneously iscalled:2)A)partial equilibrium analysis.B)full market analysis.C)macroeconomics.D)general equilibrium analysis.E)psychoanalysis.
Business
1 answer:
Masja [62]3 years ago
7 0

Answer: (D) General equilibrium analysis

Explanation:

 The general equilibrium analysis is one of the economical analyzes in which the economy are analyzes for the purpose of balancing both the demand and the supply.

The main purpose of the general equilibrium analysis is that helps in explaining the different types of economical function on the basis of price and it also recognizing that all the arts in economy are mutually dependent with each other.

According to the question, the general equilibrium is one of the type of analysis that helps in examining the different types of tax effects in the market.  

 Therefore, Option (D) is correct answer.    

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Dividends declared is subtracted from the Statement of Retained Earnings. True or False.
malfutka [58]

Answer:

True

Explanation:

Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.

Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.

7 0
2 years ago
A lease calls for a minimum rent of $2800 per month plus 4% of annual gross sales in excess of $500,000. What is the annual rent
bonufazy [111]

Answer:

The annual rent is $42,620

Explanation:

The computation of annual rent is shown below:

= Annual rent + (rate × gross sales)

where,

The annual rent is

= Monthly rent × total number of months in a year

= $2,800 × 12

= $33,600

The rate is 4%

The excess gross sales is computed by

= Annual gross sales - gross sales

= $725,500 - $500,000

= $225,500

Now put these values to the above formula

So, the answer would be equal to

= $33,600 + (4% × $225,500)

= $33,600 + $9,020

= $42,620

Hence, the annual rent is $42,620

8 0
3 years ago
Which of the following choices best describes why it is difficult to start a self improvement plan?
kvv77 [185]
C is the correct answer.
4 0
3 years ago
Read 2 more answers
Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports th
RUDIKE [14]

Answer:

The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.

<u><em>The income statement</em></u>

Sales Revenue                   $ 67,700

COGS                                 ($ 53,400)

Delivery expenses              ($ 2,600)

Salary expenses                 ($ 5,500)

Net profit                             $ 6,200

<u><em></em></u>

<u><em>Balance Sheet</em></u>

Asset

Cash                                  $ 1,200

Equipment                        $ 29,000

Building                             $ 40,000

Supplies                             $ 3,400

Total Assets                      $ 73,600

Equity

Common Stock                $ 44,000

Retain earning                  $ 24,400

(18,200 + 6,200)

Liability

Account Payable              $ 4,400

Salaries payable                $ 8,00

Total Liabilities                 $ 73,600

<u><em>Statement of Stockholders</em></u>

Opening common Stock           $ 40,000

Addition                                       $  4,000

Closing common Stock              $  44,000

Retain earning Opening            $ 18,200

Net profit                                     $ 6,200

Retain profit Closing                   $ 24,400

Total Equity                                 $ 68,400

4 0
3 years ago
Buying office space is ______________ in the long run-in comparison to leasing. Which is the correct answer?
Vedmedyk [2.9K]

Answer:

less expansive

Explanation:

i took the test. i got it right

5 0
2 years ago
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